Shares of Trump Media & Technology Group (DJT) surged Monday after the parent company of President Donald Trump’s Truth Social platform said it anticipates proceeds of more than $69.4 million from the exercise of warrants last Thursday and Friday. Trump’s personal wealth increased by nearly $900 million on Monday. The value of Trump’s nearly 65% stake in the company, totaling 114.75 million shares, jumped to over $4 billion
Trump Media said it could potentially snap up proceeds of $247 million if all warrants are exercised.
The news arrived on the heels of the Securities and Exchange Commission last week signing off on the company’s registration statement and on the resale of shares and warrants.
The stock was up 28% to $35.42. So long as the stock gains more than 25.7% on Monday, it will notch its largest one-day percentage gain since that merger… The stock has gained 97% this year.
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President Trump, the last duly-elected U.S. President, deserves all of his successes!
Let’s have all the trials, so he gets what he deserves!
The depth of libturd stupidity is staggering
Trump will make America dumber again… that’s all.
Yeah, because you’re so smart.
mushroomdick is just doing a pump and dump for his impending sale of all his shares. not that hard to understand.
Sounds like you have intimate knowledge. Probably the first time you’ve had the truth flow out of your mouth.
What does this have to do with Apple/Mac News??
It is competing with another social network – Apple iMessage.
Just as Apple News as any updates to any social media app, and MDN consistently reports on financial markets.
Yeah! How much longer do I have to wait for news of the updated emoji library?
nothing.
trump is a conman who has conned millions of people, and they’re everywhere.
it’s both hard to believe and sad.
By having a business feed on Truth does that mean that MDN supports Trump?
By having a business feed on Facebook does that mean that MDN supports Zuckerberg?
Hard to believe that anyone in this world would give credit to Trump’s lies… 8(
Almux is severely mucked up…
…terminal TDS reigns in what left of his “mind”